Macao's Innovative Transformation: A New Paradigm for Growth and Talent Development
Macao's Innovative Transformation: A New Paradigm for Growth and Talent Development
In recent years, Macao has emerged as a beacon of innovation and economic diversification, leveraging its unique position and resources. This shift began notably in 2014 when Lei Zhen, an ambitious graduate from Tsinghua University, decided to establish his business in the Macao Special Administrative Region (SAR). His focus on crafting new materials using nano silver wire marked the inception of a tech-driven revolution.
The pivotal moment for Macao's growth trajectory came with the establishment of the Guangdong-Macao In-Depth Cooperation Zone in Hengqin in 2021. By moving his operations to this zone, Lei harnessed not only the financial benefits but the rich talent pool and favorable taxation policies available. As he aptly described it,